X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WAUKEGAN, Ill. – After more than 40 years at Consumers Cooperative Credit Union and 25 years as its president/CEO, William Reidel retired on April 1. Reidel started his career at the credit union in 1964 in the collections department, was later promoted to credit manager, then senior vice president before being named Consumers Cooperative’s fourth president/CEO in 1979. At the time, the credit union had 16,185 members, and $14 million in assets. During Reidel’s tenure, membership and assets grew to 48,000 and $375 million, respectively. “When I came to work at CCCU in 1964, I was a young man who simply wanted a chance to succeed,” Reidel wrote to credit union members and staff. “I was given that opportunity many times over. Now that the end of my career is in sight, it needs to be said I am truly grateful for the success CCCU has enjoyed during my time here. However, in the larger scheme of things, I recognize our success these past 40 years has come from the support of our members, and the unselfish dedication of all those who worked along side me.” Originally chartered in 1930, the credit union ware initially named Cooperative Credit Union.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.